Which of the Following Is a Deduction from Net Income

question 20

Multiple Choice

Which of the following is a deduction from net income in reconciling net income to cash flow from operating activities?

• A) Amortization of bond premium
• B) Cash dividend declared and paid
• C) Collection of an account receivable
• D) Write-off of an uncollectible account receivable

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Definitions:

Functionalism

A theoretical perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability.

Evolutionary Advantage

A genetic trait that increases an organism's chance of survival and reproduction in its environment.

Latent Function

Latent function refers to the unrecognized or unintended consequences, positive or negative, of social processes or structures.

Values

Values are core principles or standards that guide people's judgments and actions, representing what is important in an individual's life or in a culture.